ALPHA TRIBE

VIP Industries LimitedImportant, 13-07-2025: General Updates

13-07-2025 | 08:49 pm

Promoter group entities have agreed to sell approximately 32% of the company's shares, totaling over 4.54 crore equity shares, to new Purchasers. This significant transaction includes a Shareholders' Agreement, leading to the Purchasers acquiring management and control. Consequently, the new Purchasers are required to make an open offer to acquire an additional 26% of the company's expanded voting share capital. This marks a major shift in the company's ownership and governance.

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